A look into the flow of venture capital into the agrifootech industry shows Launch Africa, Flat6Labs Cairo led in financing startups
Vendease is on a mission to be ‘Africa’s Amazon for food vendors’ by automating food supply.
Farmerline claims to have reached over 1.5 million farmers in 35 countries via its Mergdata platform.
Research finds that 80% of farmers cite input cost as the biggest risk to profitability; more are considering tools like precision ag and biologicals.
Investors will work with the top pork and poultry producers on how to mitigate risks to human and planetary health from poor manure management.
The Africa Agrifoodtech Investment Report 2022 by AgFunder, FMO and BII reveals that $482.3 million was invested into the agrifoodtech industry in 2021
The indoor farming company aims to make its greenhouse-grown leafy greens and herbs available to 90% of US consumers in the near future.
Growers may also see “further downward price pressure” on phosphates and potash, though the outlook is less sunny for nitrogen.
The deal strengthens the companies’ business model of selling surplus and ‘ugly’ foods to consumers at discounted prices.
Soil biotech, food waste, and sustainable beverages were among the winning concepts Latin American agrifoodtech startups pitched to an audience last month.
Apeel Sciences and Benchling are among the startups addressing the tools and services needed in the middle of the agrifood value chain.
Tridge, a South Korean B2B platform connecting buyers and sellers of fresh agricultural produce, is doing around $15m in sales per month, according to the company.
Cargill joins Sucafina, Olam International and other corporates investing in ProfilePrint’s AI-based tech platform that accelerates the food grading process.
Kenya’s iProcure closes $10.2 M in a Series B led by impact investor I&P
War, climatic events, and supply chain strains are putting millions of tons of grain and roughly 1.4 billion people in vulnerable countries at risk.
The Australian startup has developed an AI-powered platform that can identify, pick, and pack different types of fresh fruits and vegetables.
New York is the most diversified investment landscape with a greater mix of upstream and downstream agrifoodtech startups.
Farmley, India’s dried fruit and nuts marketplace, secured $6m in Series A funding led by DSG Consumer Partners and Alkemi Growth Capital
The Swiss-Italian startup will expand availability of its farm management software to help growers farm more efficiently while addressing climate change.
Taimba, a Kenyan B2B agritech startup, has expanded its marketplace to offer transportation, cold storage, fintech solutions and is now eyeing up input procurement too.
